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Shanghai-Pudong

Shanghai Office Rents Plunge 10% as Vacancy Hovers Near Two-Decade High

Shanghai-Pudong

2024/07/18 by Kevin He Leave a Comment

Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank report released Wednesday, as vacancy continued to hover near two-decade highs amid sluggish leasing demand and a supply overhang.

… Read More>>

Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank … Read more>>>

PWC China

PwC Said to Weigh Deep Cuts to China Audit Staff and More Asia Real Estate Headlines

PWC China

2024/07/18 by Ponrath Sopannarath Leave a Comment

PwC leads Mingtiandi’s headline roundup today, as the Big Four accounting firm considers slashing up to half its financial services auditing staff in China. Also making the news, Lippo Malls Indonesia Retail Trust suffers a ratings downgrade and Elite UK… Read More>>

PwC leads Mingtiandi’s headline roundup today, as the Big Four accounting firm considers slashing up to half its … Read more>>>

Kwek Leng Beng CDL

Singapore’s First Sponsor Closes $16M Deal to Buy Sydney Heritage Building

Kwek Leng Beng CDL

2024/07/16 by Christopher Caillavet Leave a Comment

A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a deal valued at A$24.7 million ($16.7 million), paving the way for the downtown property’s redevelopment into a 50-storey residential and hotel project.

… Read More>>

A consortium led by Singapore-listed First Sponsor has completed the acquisition of Sydney’s City Tattersalls Club in a … Read more>>>

Anny Zhang JLL

Anny Zhang Named JLL China CEO as Bessie Lee Departs Company

Anny Zhang JLL

2024/07/16 by Christopher Caillavet Leave a Comment

JLL has promoted Anny Zhang to CEO for China, with the company veteran succeeding Bessie Lee in the top mainland role at the global real estate consultancy.

Based in Shanghai, Zhang takes the helm at the mainland China business on… Read More>>

JLL has promoted Anny Zhang to CEO for China, with the company veteran succeeding Bessie Lee in the top mainland role at … Read more>>>

ADM Capital founding partner Christopher Botsford

Temasek Bets on Asia Private Credit with Stake in Hong Kong’s ADM Capital

ADM Capital founding partner Christopher Botsford

2024/07/16 by Kevin He Leave a Comment

A unit of Temasek has agreed to take a minority stake in Asia Pacific-focused private credit fund manager ADM Capital, as the Singaporean state-owned investment giant adds exposure to an asset class that has nearly doubled in size in the… Read More>>

A unit of Temasek has agreed to take a minority stake in Asia Pacific-focused private credit fund manager ADM Capital, … Read more>>>

China Home Prices Fall Again Despite Bailout and More Asia Real Estate Headlines

2024/07/16 by Ponrath Sopannarath Leave a Comment

China’s home prices continued their slide in June, with that story leading Mingtiandi’s headline roundup today. Also making the news, Goldman Sachs aims to raise $2 billion for its first APAC-focused private equity fund and Hong Kong tycoon Adrian Cheng… Read More>>

China’s home prices continued their slide in June, with that story leading Mingtiandi’s headline roundup today. Also … Read more>>>

Yoshitaka Kimura

Tokyu REIT Buying Out Sponsor’s 47.4% Stake in Tokyo Office Building for $93M

Yoshitaka Kimura

2024/07/15 by Christopher Caillavet Leave a Comment

Tokyu REIT has agreed to acquire the 47.4 percent stake it doesn’t already own in a Tokyo office building from its sponsor, Tokyu Corporation, for JPY 14.7 billion ($93 million).

The TSE-listed trust is buying out the 11-storey Tokyu Bancho… Read More>>

Tokyu REIT has agreed to acquire the 47.4 percent stake it doesn’t already own in a Tokyo office building from its … Read more>>>

Gene King, BW Industrial

Speaker Bio: Gene King of BW Industrial MTD TV Productions

Gene King, BW Industrial

2024/07/15 by Mingtiandi Team Leave a Comment

Originally from Taiwan, Mr. King is full-time based in BW’s HCMC headquarter to oversee equity capital market strategies including capital raising, JV partnership, and fund management.

Mr. King has 19 years of experience in cross-border property development, PERE asset management,… Read More>>

Originally from Taiwan, Mr. King is full-time based in BW’s HCMC headquarter to oversee equity capital market strategies … Read more>>>

Alessandro Fiascaris - Oxford Properties

Oxford Properties, Ivanhoe Cambridge, ESR to Join Mingtiandi Singapore Forum in September

Alessandro Fiascaris - Oxford Properties

2024/07/15 by Michael Cole Leave a Comment

Some of the world’s largest property investors are gathering in Singapore on September 10th as Mingtiandi holds its third annual forum in the city-state.

Senior representatives of top pension funds such as Oxford Properties and Ivanhoe Cambridge will be… Read More>>

Some of the world’s largest property investors are gathering in Singapore on September 10th as Mingtiandi holds its … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Climb 2.2% After May Plunge as Buyers Weigh Options

URA chief executive officer Lim Eng Hwee

2024/07/15 by Christopher Caillavet Leave a Comment

New private home sales in Singapore crept up 2.2 percent in June from May’s low base, according to data released by the Urban Redevelopment Authority on Monday.

Excluding executive condos, developers sold 228 new homes in June after moving just… Read More>>

New private home sales in Singapore crept up 2.2 percent in June from May’s low base, according to data released by the … Read more>>>

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